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Episode Info: Unemployment is rising. Mortgage rates hit record lows two weeks ago. Stocks have fallen 32% from recent highs. Oil has fallen with a thud.  Your life has changed in order to control the spread of the novel coronavirus. (**The entire episode transcript is below. You can read along as you listen.) Fannie Mae, Freddie Mac, and HUD have suspended foreclosures and evictions for at least 60 days. This could soon be extended to a year.  The IRS tax filing deadline moved from April 15th to July 15th. There are opportunities for you today that you’ve never considered before. Recessions are normal. They occur every 7 years on average. In three of the last five recessions, real estate values appreciated. Consider drawing against your HELOC before it’s frozen. Bill Gates’ epidemic prediction audio clip played. Stocks: the bull market died of coronavirus. I discuss my recent chats with national Mortgage Loan Officers. Good news? Shelter-in-place means you might have the time with your family that you’ve always wanted. __________________________ Resources mentioned: Coronavirus forbearance is here: Housing Wire article RE appreciated in 3 of last 5 recessions: Article & Graph Mortgage Loans: QRPs: text “QRP” in ALL CAPS to 72000 or: New Construction Turnkey Property: Best Financial Education: Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold   Complete episode transcript:   Welcome to Get Rich Education, I’m your host, Keith Weinhold. As the pandemic unfolds, how do you best position yourself as an investor to be profitable and mitigate loss?    We’re talking about the real estate market, the stock market, and specific, actionable things that you can do for your family and your real estate. Today, on Get Rich Education. _________________________ Welcome to Get Rich Education, I’m your host, Keith Weinhold and no matter where you’re listening to us - any of the 188 nations - your life has changed … due to the pandemic.    Just when you learned to replace your handshake with an elbow bump, now you can't do either one.   Yes, your life looks different now. We are here in the social distancing era.   With major events all cancelled and the closure of businesses & schools, & entertainment venues; it is clear that the global efforts to slow the spread of the coronavirus is an unprecedented experience for you and I.   With people needing to stay home, it creates some new ways of socialization.    For my haircut this week, I don’t think I’m going to go out to get it. I’m hoping that my wife can cut my hair at home.     I can’t go to the gym. Thank goodness that I have a home gym - modest as it is. This is literally life-changing - altering the patterns and habits of you & I’s daily life.   You might see more of your spouse now. You might be homeschooling your kid now.  ...
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